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Strategies & Market Trends : 56er's Portfolio Companion

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To: Doug R who wrote (325)11/14/1997 11:05:00 PM
From: John Algermissen  Read Replies (2) of 492
 
Traders,

While reviewing the portfolio this weekend let's not forget that in some cases we may just want to reduce our position in a few holdings nad not necessarily sell off all our shares. I don't know of anything that has made the POW's "go bad". My main concern would be that the market tanked and we didn't have any cash to pick up the bargains.

As a wise man once said "Cash is the lifeblood of the patient investor. A gift will come our way. Without cash, we will not be able to accept it. Timing is everything." (Portfolio post #67)

JohnA
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